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Real Estate Prices & Overview

Oxford Circle South median real estate price is $173,304, which is less expensive than 78.0% of Pennsylvania neighborhoods and 83.8% of all U.S. neighborhoods.

The average rental price in Oxford Circle South is currently $2,105, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.1% of the neighborhoods in Pennsylvania.

Oxford Circle South is a densely urban neighborhood (based on population density) located in Philadelphia, Pennsylvania.

Oxford Circle South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Oxford Circle South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Oxford Circle South are 4.4%, which is lower than one will find in 70.5% of American neighborhoods. Demand for real estate in Oxford Circle South is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Of note is NeighborhoodScout's research finding that the Oxford Circle South neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Oxford Circle South community truly stands out from the rest in this regard.

In addition, according to NeighborhoodScout's research, Oxford Circle South is better suited for first-time home buyers than 88.2% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Pennsylvania. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Oxford Circle South neighborhood could be your paradise. With 67.3% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

In addition, the Oxford Circle South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,436 persons per square mile in the neighborhood, it is more packed with people than 97.2% of the nation's neighborhoods.

Diversity

Did you know that the Oxford Circle South neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.2% of this neighborhood's residents have Haitian ancestry and 12.7% have Jamaican ancestry.

Oxford Circle South is also pretty special linguistically. Significantly, 8.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Oxford Circle South neighborhood in Philadelphia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.9% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Oxford Circle South neighborhood, 35.2% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.8%), and 15.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Oxford Circle South neighborhood is English, spoken by 61.1% of households. Other important languages spoken here include Spanish, French and Portuguese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Oxford Circle South neighborhood in Philadelphia, PA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (17.0%). There are also a number of people of Jamaican ancestry (12.7%), and residents who report Haitian roots (11.2%), and some of the residents are also of Asian ancestry (5.4%), along with some South American ancestry residents (3.2%), among others. In addition, 19.8% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Oxford Circle South neighborhood spend between 30 and 45 minutes commuting one-way to work (32.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (63.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.0%) and 7.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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